Sprott Junior Financial Statements From 2010 to 2024
| SGDJ Etf | USD 41.38 0.88 2.17% |
Check Sprott Junior financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sprott Junior's main balance sheet or income statement drivers, such as , as well as many indicators such as . Sprott financial statements analysis is a perfect complement when working with Sprott Junior Valuation or Volatility modules.
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Sprott Junior Gold ETF Price To Earning Analysis
Sprott Junior's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Sprott Junior Price To Earning | 22.71 X |
Most of Sprott Junior's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Sprott Junior Gold is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Based on the latest financial disclosure, Sprott Junior Gold has a Price To Earning of 22.71 times. This is much higher than that of the Sprott family and significantly higher than that of the Equity Precious Metals category. The price to earning for all United States etfs is notably lower than that of the firm.
Sprott Junior Gold Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Sprott Junior's current stock value. Our valuation model uses many indicators to compare Sprott Junior value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sprott Junior competition to find correlations between indicators driving Sprott Junior's intrinsic value. More Info.Sprott Junior Gold is rated fourth largest ETF in price to earning as compared to similar ETFs. It is rated fifth largest ETF in price to book as compared to similar ETFs fabricating about 0.04 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Sprott Junior Gold is roughly 22.94 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Sprott Junior by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About Sprott Junior Financial Statements
Investors use fundamental indicators, such as Sprott Junior's revenue or net income, to determine how well the company is positioned to perform in the future. Although Sprott Junior's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
The fund will invest at least 90 percent of its net assets in securities that comprise the underlying index. Alps ETF is traded on NYSEARCA Exchange in the United States.
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The market value of Sprott Junior Gold is measured differently than its book value, which is the value of Sprott that is recorded on the company's balance sheet. Investors also form their own opinion of Sprott Junior's value that differs from its market value or its book value, called intrinsic value, which is Sprott Junior's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sprott Junior's market value can be influenced by many factors that don't directly affect Sprott Junior's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sprott Junior's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sprott Junior is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sprott Junior's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.